TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

JCI records 1.47% weekly loss

The Indonesia Stock Exchange (idx

The Jakarta Post
Jakarta
Sun, October 18, 2015

Share This Article

Change Size

JCI records 1.47% weekly loss The Indonesia Stock Exchange (idx.co.id) (idx.co.id)

The Indonesia Stock Exchange (idx.co.id)

Ignoring the insignificant 0.23 percent gain on Friday'€™s close, the Jakarta Composite Index (JCI) recorded a weekly loss of 1.47 percent to 4,521.88 this week (Oct.12 - Oct.16), as investors chose to trade mid-sized stocks.

Indonesia Stock Exchange (IDX) spokesperson Irmawati Amran said the average transaction value during the week dropped by 10.04 percent to Rp 5.98 trillion (US$ 443.75 million) from Rp 6.65 trillion in the previous week.

She further said the average transaction volume increased by 21.09 percent while the average transaction frequency reduced by 14.42 percent. It showed that investors had avoided the big caps stocks and chose to trade the mid-size ones.

'€œThe foreign investors recorded a net sell in the last four days. During the week, they booked Rp 143.18 billion in net sells, while the annual inflow to the stock market totaled Rp 11.13 trillion in net sells,'€ Irmawati said in a press statement, on Sunday.

Meanwhile, the bond market recorded a new issuance by PT Waskita Karya Tbk, worth Rp 1.5 trillion, consisting of A series bond with a nominal value of Rp 350 billion (mature in 3-years), and B series bond with a nominal value of Rp 1.15 trillion (mature in 5-years).

With the new issuance, IDX recorded a total of 41 bond and sukuk emissions in 2015, which were issued by 34 companies and totaled Rp 53.99 trillion. It surpassed the bond issuance in 2014, which was at Rp 46.84 trillion from 49 bond and sukuk emissions.

'€œThere are 275 outstanding bonds and sukuks traded in the IDX, with a total outstanding nominal value of Rp 251.62 trillion and $100 million, issued by 104 companies,'€ Irma explained.

As for the government bonds, there are 90 series of the securities listed in IDX with the total nominal value of Rp 1,376.03 trillion (rupiah bond) and $1.04 million (global bond), and five asset backed securities worth Rp 2.4 trillion. (ags/ebf)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.